The Anglo-Mauritius Assurance Society Limited, one of the market leaders in the life assurance, pensions, actuarial and investment business in Mauritius, has developed over the years a full range of insurance products and services to serve the needs of corporate and individual clients either directly or through its sales representatives’ network.
Swan Insurance Company Limited is the major shareholder of The Anglo-Mauritius Assurance Society Limited.
Assets under the management of The Anglo-Mauritius amounted to Rs. 16.1 billion and the Life Assurance Fund stood at Rs. 15.7 billion at 31st December 2008.
The Company’s investment portfolio consists of local and foreign equities, local and foreign deposits, fixed income securities, properties and secured loans.
Investments are made in key sectors of activity namely tourism, real estate, sugar, trade and financial services in Mauritius and in the region. The Company caters for the insurance requirements of its clients in the region.
The Company participates actively in the socio-economic development of the country by granting loans for the construction or purchase of residential and business properties. Residential loans granted to policyholders amounted to Rs. 1.9 billion and loans on business properties totalled Rs. 412 million at 31st December 2008.
Benefits paid to policyholders, beneficiaries and annuitants amounted to Rs. 942.3 million at 31st December 2008.
Market capitalisation of the Company on the Mauritian Stock Exchange at 31st December 2008 was Rs. 500 million.